{"success":true,"data":{"pressRelease":{"id":"17610","rtpr_id":"nPn5RQdjca","ticker":"UROY","exchange":"NASDAQ","all_tickers":["UROY","URC"],"title":"URANIUM ROYALTY ANNOUNCES CLOSING OF SUBSCRIPTION RECEIPT PRIVATE PLACEMENT","author":"PR Newswire","published_at":"2026-05-01T20:55:06.281Z","article_body":"URANIUM ROYALTY ANNOUNCES CLOSING OF SUBSCRIPTION RECEIPT PRIVATE PLACEMENT\n\nPR Newswire\n\nVANCOUVER, BC, May 1, 2026\n\nDESIGNATED NEWS RELEASE\n\nVANCOUVER, BC, May 1, 2026 /PRNewswire/ - Uranium Royalty Corp. (NASDAQ: UROY)\n(TSX: URC) (\"URC\" or the \"Company\") has closed its previously announced\nprivate placement of subscription receipts of the Company (the \"Subscription\nReceipts\") to Uranium Energy Corp. (\"UEC\") at a price of US$3.64 per\nSubscription Receipt, for aggregate gross of US$40 million.\n\nAs disclosed in the Company's news release dated April 16, 2026, each\nSubscription Receipt will automatically convert into one common share in the\ncapital of URC (\"URC Shares\") upon all escrow release conditions set out in\nthe subscription agreement and the subscription receipt indenture being\nsatisfied, including the conditions precedent to the Company's previously\nannounced arrangement to combine with entities owning a 92% interest in\nSweetwater Royalties from funds managed by Orion Resource Partners LP and the\nOntario Teachers' Pension Plan (the \"Arrangement\") and shareholder approval of\nthe Arrangement at the Company's special meeting of shareholders.\n\nThe subscription funds will be held in escrow pending satisfaction of the\nescrow release conditions. Upon such satisfaction, the escrowed funds will be\nreleased immediately prior to the closing of the Arrangement and conversion of\nthe Subscription Receipts will occur immediately prior to such closing. In the\nevent that the escrow release conditions are not satisfied prior to the\noutside date of the Arrangement, or the Arrangement is terminated, the\nSubscription Receipts will expire and UEC will be entitled to the return of\nthe subscription amount.\n\nImmediately prior to its acquisition of the Subscription Receipts, UEC had\nbeneficial ownership, and control and direction of 17,978,364 URC Shares,\nrepresenting approximately 12.27% of the 146,592,507 URC Shares issued and\noutstanding as of the date hereof on a non-diluted basis. Immediately after\nthe acquisition of the Subscription Receipts, and assuming the conversion of\nall of the Subscription Receipts, UEC beneficially owned, and had control and\ndirection of, 28,967,375 URC Shares (including 10,989,011 URC Shares\nunderlying the Subscription Receipts), representing approximately 18.40% of\nthe 157,471,518 URC Shares issued and outstanding as of such date on a\nnon-diluted basis.\n\nThe acquisition of Subscription Receipts by UEC as described above is for\ninvestment purposes. UEC will continue to monitor the business, prospects,\nfinancial condition and potential capital requirements of the Company.\nDepending on its evaluation of these and other factors, UEC may from time to\ntime in the future decrease or increase, directly or indirectly, its\nownership, control or direction over securities of the Company through market\ntransactions, private agreements, subscriptions from treasury or otherwise, or\nmay in the future develop plans or intentions relating to any of the other\nactions listed in paragraphs (a) through (k) of Item 5 of Form 62-103F1 –\nRequired Disclosure under the Early Warning Requirements.\n\nUEC has filed an early warning report under the Company's profile on SEDAR+\naccessible at www.sedarplus.ca (http://www.sedarplus.ca) in connection with\nthe foregoing acquisition under NI 62-103. To obtain more information or a\ncopy of such report, please contact Josephine Man, Chief Financial Officer of\nthe UEC, at the contact details listed below.\n\nAll ownership percentages herein are based upon the number of outstanding URC\nShares as of the date of the acquisition of the Subscription Receipts. UEC's\nU.S. corporate headquarters address is 500 North Shoreline Boulevard, Suite\n800N, Corpus Christi, Texas, 78401 and its Canadian corporate headquarters\naddress is 1188 West Georgia Street, Suite 1830, Vancouver, British Columbia,\nV6E 4A2. URC's head office is located at 1830 – 1188 West Georgia Street,\nSuite 1830, Vancouver, British Columbia, V6E 4A2.\n\nAbout Uranium Royalty Corp.\n\nUranium Royalty Corp. (URC) is the world's only uranium-focused royalty and\nstreaming company and the only pure-play uranium listed company on the NASDAQ.\nURC provides investors with uranium commodity price exposure through strategic\nacquisitions in uranium interests, including royalties, streams, debt and\nequity in uranium companies, as well as through trading of physical uranium.\n\nForward-Looking Information\n\nCertain statements in this news release may constitute \"forward-looking\ninformation\", including those regarding the terms of the Offering and the\nexpected completion and use of proceeds thereof, which ultimately remains the\nsubject of the Company's discretion. Forward-looking information includes\nstatements that address or discuss activities, events or developments that the\nCompany expects or anticipates may occur in the future. Forward-looking\nstatements include, but are not limited to statements with respect to the\nsatisfaction of the escrow release conditions in respect of the Subscription\nReceipts; the anticipated conversion of the Subscription Receipts into URC\nShares; the release of escrowed funds;  and the completion and timing of the\nArrangement. When used in this news release, words such as \"estimates\",\n\"expects\", \"plans\", \"anticipates\", \"will\", \"believes\", \"intends\" \"should\",\n\"could\", \"may\" and other similar terminology are intended to identify such\nforward-looking information. Statements constituting forward-looking\ninformation reflect the current expectations and beliefs of the Company's\nmanagement. These statements involve significant uncertainties, known and\nunknown risks, uncertainties and other factors and, therefore, actual results,\nperformance or achievements of the Company and its industry may be materially\ndifferent from those implied by such forward-looking statements. They should\nnot be read as a guarantee of future performance or results, and will not\nnecessarily be an accurate indication of whether or not such results will be\nachieved. A number of factors could cause actual results to differ materially\nfrom such forward- looking information, including, without limitation, risks\ninherent to royalty companies, any inability to satisfy the conditions of the\nArrangement, market conditions, share price, uranium price volatility and\nrisks related to the operators of the projects underlying the Company's\nexisting and proposed interests and those other risks described in filings\nwith Canadian securities regulators and the U.S. Securities and Exchange\nCommission. These risks, as well as others, could cause actual results and\nevents to vary significantly. Accordingly, readers should exercise caution in\nrelying upon forward-looking information and the Company undertakes no\nobligation to publicly revise them to reflect subsequent events or\ncircumstances, except as required by law.\n\nView original\ncontent:https://www.prnewswire.com/news-releases/uranium-royalty-announces-closing-of-subscription-receipt-private-placement-302760477.html\n(https://www.prnewswire.com/news-releases/uranium-royalty-announces-closing-of-subscription-receipt-private-placement-302760477.html)\n\nSOURCE Uranium Royalty Corp.\n\n\n\nFor further information: Scott Melbye - Chief Executive Officer, Email: smelbye@uraniumroyalty.com; Investor Relations: Toll Free: 1.855.396.8222, Email: info@uraniumroyalty.com, Website: www.UraniumRoyalty.com; Corporate Office: 1188 West Georgia Street, Suite 1830, Vancouver, BC, V6E 4A2, Phone: 604.396.8222\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPn5RQdjca","title":"URANIUM ROYALTY ANNOUNCES CLOSING OF SUBSCRIPTION RECEIPT PRIVATE PLACEMENT","author":"PR Newswire","ticker":"UROY","created":"2026-05-01T20:55:06.281Z","tickers":["UROY","URC"],"exchange":"NASDAQ","article_body":"URANIUM ROYALTY ANNOUNCES CLOSING OF SUBSCRIPTION RECEIPT PRIVATE PLACEMENT\n\nPR Newswire\n\nVANCOUVER, BC, May 1, 2026\n\nDESIGNATED NEWS RELEASE\n\nVANCOUVER, BC, May 1, 2026 /PRNewswire/ - Uranium Royalty Corp. (NASDAQ: UROY)\n(TSX: URC) (\"URC\" or the \"Company\") has closed its previously announced\nprivate placement of subscription receipts of the Company (the \"Subscription\nReceipts\") to Uranium Energy Corp. (\"UEC\") at a price of US$3.64 per\nSubscription Receipt, for aggregate gross of US$40 million.\n\nAs disclosed in the Company's news release dated April 16, 2026, each\nSubscription Receipt will automatically convert into one common share in the\ncapital of URC (\"URC Shares\") upon all escrow release conditions set out in\nthe subscription agreement and the subscription receipt indenture being\nsatisfied, including the conditions precedent to the Company's previously\nannounced arrangement to combine with entities owning a 92% interest in\nSweetwater Royalties from funds managed by Orion Resource Partners LP and the\nOntario Teachers' Pension Plan (the \"Arrangement\") and shareholder approval of\nthe Arrangement at the Company's special meeting of shareholders.\n\nThe subscription funds will be held in escrow pending satisfaction of the\nescrow release conditions. Upon such satisfaction, the escrowed funds will be\nreleased immediately prior to the closing of the Arrangement and conversion of\nthe Subscription Receipts will occur immediately prior to such closing. In the\nevent that the escrow release conditions are not satisfied prior to the\noutside date of the Arrangement, or the Arrangement is terminated, the\nSubscription Receipts will expire and UEC will be entitled to the return of\nthe subscription amount.\n\nImmediately prior to its acquisition of the Subscription Receipts, UEC had\nbeneficial ownership, and control and direction of 17,978,364 URC Shares,\nrepresenting approximately 12.27% of the 146,592,507 URC Shares issued and\noutstanding as of the date hereof on a non-diluted basis. Immediately after\nthe acquisition of the Subscription Receipts, and assuming the conversion of\nall of the Subscription Receipts, UEC beneficially owned, and had control and\ndirection of, 28,967,375 URC Shares (including 10,989,011 URC Shares\nunderlying the Subscription Receipts), representing approximately 18.40% of\nthe 157,471,518 URC Shares issued and outstanding as of such date on a\nnon-diluted basis.\n\nThe acquisition of Subscription Receipts by UEC as described above is for\ninvestment purposes. UEC will continue to monitor the business, prospects,\nfinancial condition and potential capital requirements of the Company.\nDepending on its evaluation of these and other factors, UEC may from time to\ntime in the future decrease or increase, directly or indirectly, its\nownership, control or direction over securities of the Company through market\ntransactions, private agreements, subscriptions from treasury or otherwise, or\nmay in the future develop plans or intentions relating to any of the other\nactions listed in paragraphs (a) through (k) of Item 5 of Form 62-103F1 –\nRequired Disclosure under the Early Warning Requirements.\n\nUEC has filed an early warning report under the Company's profile on SEDAR+\naccessible at www.sedarplus.ca (http://www.sedarplus.ca) in connection with\nthe foregoing acquisition under NI 62-103. To obtain more information or a\ncopy of such report, please contact Josephine Man, Chief Financial Officer of\nthe UEC, at the contact details listed below.\n\nAll ownership percentages herein are based upon the number of outstanding URC\nShares as of the date of the acquisition of the Subscription Receipts. UEC's\nU.S. corporate headquarters address is 500 North Shoreline Boulevard, Suite\n800N, Corpus Christi, Texas, 78401 and its Canadian corporate headquarters\naddress is 1188 West Georgia Street, Suite 1830, Vancouver, British Columbia,\nV6E 4A2. URC's head office is located at 1830 – 1188 West Georgia Street,\nSuite 1830, Vancouver, British Columbia, V6E 4A2.\n\nAbout Uranium Royalty Corp.\n\nUranium Royalty Corp. (URC) is the world's only uranium-focused royalty and\nstreaming company and the only pure-play uranium listed company on the NASDAQ.\nURC provides investors with uranium commodity price exposure through strategic\nacquisitions in uranium interests, including royalties, streams, debt and\nequity in uranium companies, as well as through trading of physical uranium.\n\nForward-Looking Information\n\nCertain statements in this news release may constitute \"forward-looking\ninformation\", including those regarding the terms of the Offering and the\nexpected completion and use of proceeds thereof, which ultimately remains the\nsubject of the Company's discretion. Forward-looking information includes\nstatements that address or discuss activities, events or developments that the\nCompany expects or anticipates may occur in the future. Forward-looking\nstatements include, but are not limited to statements with respect to the\nsatisfaction of the escrow release conditions in respect of the Subscription\nReceipts; the anticipated conversion of the Subscription Receipts into URC\nShares; the release of escrowed funds;  and the completion and timing of the\nArrangement. When used in this news release, words such as \"estimates\",\n\"expects\", \"plans\", \"anticipates\", \"will\", \"believes\", \"intends\" \"should\",\n\"could\", \"may\" and other similar terminology are intended to identify such\nforward-looking information. Statements constituting forward-looking\ninformation reflect the current expectations and beliefs of the Company's\nmanagement. These statements involve significant uncertainties, known and\nunknown risks, uncertainties and other factors and, therefore, actual results,\nperformance or achievements of the Company and its industry may be materially\ndifferent from those implied by such forward-looking statements. They should\nnot be read as a guarantee of future performance or results, and will not\nnecessarily be an accurate indication of whether or not such results will be\nachieved. A number of factors could cause actual results to differ materially\nfrom such forward- looking information, including, without limitation, risks\ninherent to royalty companies, any inability to satisfy the conditions of the\nArrangement, market conditions, share price, uranium price volatility and\nrisks related to the operators of the projects underlying the Company's\nexisting and proposed interests and those other risks described in filings\nwith Canadian securities regulators and the U.S. Securities and Exchange\nCommission. These risks, as well as others, could cause actual results and\nevents to vary significantly. Accordingly, readers should exercise caution in\nrelying upon forward-looking information and the Company undertakes no\nobligation to publicly revise them to reflect subsequent events or\ncircumstances, except as required by law.\n\nView original\ncontent:https://www.prnewswire.com/news-releases/uranium-royalty-announces-closing-of-subscription-receipt-private-placement-302760477.html\n(https://www.prnewswire.com/news-releases/uranium-royalty-announces-closing-of-subscription-receipt-private-placement-302760477.html)\n\nSOURCE Uranium Royalty Corp.\n\n\n\nFor further information: Scott Melbye - Chief Executive Officer, Email: smelbye@uraniumroyalty.com; Investor Relations: Toll Free: 1.855.396.8222, Email: info@uraniumroyalty.com, Website: www.UraniumRoyalty.com; Corporate Office: 1188 West Georgia Street, Suite 1830, Vancouver, BC, V6E 4A2, Phone: 604.396.8222\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-05-01T20:55:06.327812147Z","server_sent_at_ms":1777668906327},"received_at":"2026-05-01T20:55:06.380Z","source_url":"https://www.prnewswire.com/news-releases/uranium-royalty-orion-and-ontario-teachers-pension-plan-to-create-a-leading-royalty-platform-through-combination-of-uranium-royalty-and-sweetwater-royalties-302744703.html"},"analysis":{"id":"12902","press_release_id":"17610","analysis_json":{"industry":{"label":"Energy","sector":"Energy"},"redFlags":[],"eventType":"offering","narrative":"Uranium Royalty Corp. closed a US$40M private placement of subscription receipts with Uranium Energy Corp., priced at US$3.64 per receipt.\n\nThe proceeds are held in escrow and will fund the company's previously announced arrangement to combine with entities owning a 92% interest in Sweetwater Royalties.\n\nUpon conversion, UEC's ownership will increase to approximately 18.4%, reinforcing the strategic partnership and support for the transaction.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Strategic financing from UEC validates the Sweetwater transaction and strengthens the balance sheet."},"keyFigures":{"dealValueUsd":40000000,"offeringPrice":"US$3.64","sharesOffered":10989011},"quotedText":"Uranium Royalty Corp. (URC) is the world's only uranium-focused royalty and streaming company and the only pure-play uranium listed company on the NASDAQ.","namedEntities":{"people":[{"name":"Scott Melbye","role":"Chief Executive Officer"},{"name":"Josephine Man","role":"Chief Financial Officer"}],"products":["Sweetwater Royalties"],"companies":[{"name":"Uranium Royalty Corp.","ticker":"UROY"},{"name":"Uranium Energy Corp.","ticker":"UEC","relationship":"investor / partner"},{"name":"Orion Resource Partners LP","relationship":"counterparty in Arrangement"},{"name":"Ontario Teachers' Pension Plan","relationship":"counterparty in Arrangement"}],"dollarAmounts":[{"amount":"US$40 million","context":"aggregate gross proceeds of private placement"},{"amount":"US$3.64","context":"price per Subscription Receipt"}]},"materialImpact":{"score":3,"reasoning":"Company closed a $40M private placement of subscription receipts with strategic partner Uranium Energy Corp. Proceeds support the previously announced arrangement to combine with Sweetwater Royalties. The transaction increases UEC's stake to ~18.4% upon conversion, providing strong validation and financial backing for the M&A deal."},"tickerRelevance":{"others":[{"ticker":"UEC","relevance":"partner"}],"primary":"UROY"},"globalImportance":25,"audienceRelevance":30,"eventTypeSecondary":["partnership"],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"strategic-financing-for-ma","sectorWeight":"Energy","marketCapAdjustment":"small-mid-cap"}},"event_type":"offering","event_type_secondary":["partnership"],"sentiment":"bullish","material_impact_score":3,"narrative":"Uranium Royalty Corp. closed a US$40M private placement of subscription receipts with Uranium Energy Corp., priced at US$3.64 per receipt.\n\nThe proceeds are held in escrow and will fund the company's previously announced arrangement to combine with entities owning a 92% interest in Sweetwater Royalties.\n\nUpon conversion, UEC's ownership will increase to approximately 18.4%, reinforcing the strategic partnership and support for the transaction.","key_figures":{"dealValueUsd":40000000,"offeringPrice":"US$3.64","sharesOffered":10989011},"named_entities":{"people":[{"name":"Scott Melbye","role":"Chief Executive Officer"},{"name":"Josephine Man","role":"Chief Financial Officer"}],"products":["Sweetwater Royalties"],"companies":[{"name":"Uranium Royalty Corp.","ticker":"UROY"},{"name":"Uranium Energy Corp.","ticker":"UEC","relationship":"investor / partner"},{"name":"Orion Resource Partners LP","relationship":"counterparty in Arrangement"},{"name":"Ontario Teachers' Pension Plan","relationship":"counterparty in Arrangement"}],"dollarAmounts":[{"amount":"US$40 million","context":"aggregate gross proceeds of private placement"},{"amount":"US$3.64","context":"price per Subscription Receipt"}]},"model_name":"glm-4.7","prompt_hash":"sha256:a2703c5a1b5285fe","schema_hash":"sha256:1f8af1196c7db48c","created_at":"2026-05-01T20:59:19.243Z","global_importance":25,"audience_relevance":30,"importance_components":{"tickerTier":"small-cap","eventGravity":"strategic-financing-for-ma","sectorWeight":"Energy","marketCapAdjustment":"small-mid-cap"}},"durationMs":32629,"modelName":"glm-4.7"}}